Latest Current Affairs Daily Update

25th Aug Current Affairs Headlines

Most Important Current Affairs Quiz: Video Discussion

Important Days

International Day for the Remembrance of the Slave Trade and its Abolition

United Nations commemorates 23rd August every year as “International Day for the Remembrance of the Slave Trade and its Abolition”. The Day is celebrated to inscribe the tragedy of the slave trade in the memory of all peoples.

The day was named by UNESCO (United Nations Educational, Scientific and Cultural Organization) to memorialize the oceanic slave trade. It is a day to honour the remembrance of the men and women who, in Saint-Domingue in 1791, revolted and paved the way for the end of slavery and dehumanization. 

Useful Notes for all competitive exams:

  • UNESCO headquarters: Paris, France.
  • UNESCO Head: Audrey Azoulay.
  • UNESCO Founded: 16 November 1945.

National Headlines

Aarogya Setu introduces ‘Open API Service’

An innovative feature ‘Open API Service’ has been introduced by Aarogya Setu to help the people, businesses and the economy in its efforts to return to normalcy.

The newly launched service will help the organizations to get the health status of their employees as well as any other Aarogya Setu User without violating their data privacy.

Aarogya Setu’s Open API Service addresses the fear/risk of Covid-19 infections and enables organizations to verify the status of Aarogya Setu and integrate it into its various Work from Home features.

The service would be available to organizations and business entities, who are registered in India with more than 50 employees.

They can utilize the service to query the Aarogya Setu Application in real-time and will receive the health status of their employees or any other Aarogya Setu User, who have given their consent for sharing their health status with the organization.

Tourism Ministry partners with TAAI & FICCI’s FLO to promote tourism

Ministry of Tourism has signed a formal Memorandum of Understanding (MOU) with the Travel Agents Association of India (TAAI) and FICCI Ladies Organisation (FLO) with primary objective of women empowerment.

The signed MoU will enable FLO & TAAI to focus on personal and hospitality skills, a more flexible work balance and greater options for entrepreneurship with lower capital.

The partnership between the three aims to increase the participation of women in the tourism sector and enable them to become an integral part of the tourism workforce of India.

This will be achieved by creating awareness among state tourism departments and state tourism corporations, to highlight the contribution tourism industry can make for sustainable livelihood for women and ensure their economic upliftment.

Useful Notes for all competitive exams:

  • Union Minister of State for Tourism (I/C): Prahlad Singh Patel.

Arjun Munda e-inaugurates “Tribes India Showroom” in Mumbai

“Tribes India Showroom” has been e-inaugurated by the Union Minister for Tribal Affairs, Arjun Munda. The showroom has been introduced in Indian Globe Chambers of LIC Western Zonal Office, Fort, Mumbai. “Tribes India Showroom” is an initiative of TRIFED, Ministry of Tribal Affairs to promote the livelihood of the tribal people marketing.

“Tribes India on Wheels” is also launched by TRIFED to boost the sales and enhance tribal income in these challenging times. It is a mobile van stacked fully with Van Dhan natural produce, immunity boosters including other tribal products and aims to deliver these products directly to the customer’s doorstep in 150 cities across the nation. The van brings various kinds of immunity-boosting products like wild honey, organic Haldi, amla, ginger, black pepper etc.

India’s longest river ropeway inaugurated in Assam

The longest river ropeway of India has been introduced in Assam. The ropeway is 1.8 Km long and joins Guwahati and North Guwahati over Brahmaputra river.

The ropeway will be served from Kachari Ghat in Guwahati to Dol Govinda temple in North Guwahati. The new ropeway service empowered with state-of-the-art technology will decrease the travel time between Guwahati and North Guwahati.

Useful Notes for all competitive exams:

  • Chief Minister of Assam: Sarbananda Sonowal; Governor: Jagdish Mukhi.

Appointments

Ashwani Bhatia becomes new Managing Director of SBI

Government of India has selected Ashwani Bhatia as the managing director (MD) of the State Bank of India (SBI). He has been appointed as the managing director up to the date of his superannuation that is May 31, 2022.

Bhatia is currently working as the managing director and chief executive officer at SBI Mutual Fund. He will be appointed in place of PK Gupta who superannuated on March 31.

Useful Notes for all competitive exams:

  • Chairman of State Bank of India: Rajnish Kumar.
  • Headquarters: Mumbai; Founded: 1 July 1955.

Banking & Business

Axis Bank launches hiring initiative named ‘Gig-a-Opportunities’

Axis Bank has started a new enterprise named ‘Gig-a-Opportunities’ which aims to bring skilled talent that can work with the bank remotely, from anywhere in the country.

This hiring model includes two working patterns. One is the full-time permanent job and the second is based on the duration of a project and is temporary in nature. Axis Bank intends to employ 800-1000 people over the next under this initiative.

Useful Notes for all competitive exams:

  • MD and CEO of Axis Bank: Amitabh Chaudhry.
  • Axis Bank Headquarters: Mumbai, Maharashtra.
  • Axis Bank Founded: 1993, Ahmedabad.

ICICI Lombard, Bharti AXA to merge general insurance businesses

ICICI Lombard General Insurance Company and Bharti AXA General Insurance Company have published the merger of their businesses. The merger would result in an entity with a combined annual premium of Rs 16,447 crore and a market share of nearly 8.7%. The merger will happen through a scheme of arrangement.

The board of directors of ICICI Lombard General Insurance Company and Bharti AXA General Insurance Company at their respective meetings approved entering into definitive agreements for demerger of Bharti AXA’s non-life insurance business into ICICI Lombard through a Scheme of Arrangement.

The shareholders of Bharti AXA will receive 2 shares of ICICI Lombard for every 115 shares of Bharti AXA, held by them as on the date on which the scheme is approved by the board.

Post the merger, no special rights will be given to Bharti Enterprises or AXA and they will be categorised as public shareholders in the combined entity after the deal. Both Bharti Enterprises and AXA will exit the non-life business after the merger.

Useful Notes for all competitive exams:

  • Bharti AXA General Insurance Headquarters: Mumbai, Maharashtra.
  • Bharti AXA General Insurance MD and CEO: Sanjeev Srinivasan.
  • ICICI Lombard General Insurance Headquarter: Mumbai, Maharashtra.
  • ICICI Lombard General Insurance MD & CEO: Bhargav Dasgupta.

Sports News

Jacques Kallis, Zaheer Abbas & Lisa Sthalekar inducted into ICC Hall of Fame

Legendary South African all-rounder Jaques Kallis, Pakistan batting great Zaheer Abbas and Pune-born former Australian captain Lisa Sthalekar were inducted into the International Cricket Council’s Hall of Fame in a virtual ceremony.

Kallis represented South Africa in 166 Tests, 328 ODIs and 25 T20s between 1995 and 2014. Kallis is the fourth South African player to be inducted into the Hall of Fame.

Zaheer Abbas played 78 Tests and 62 ODIs for Pakistan, accumulating 5062 and 2572 runs respectively. He averaged over 40 in both the formats. Abbas is the sixth Pakistani player to be inducted into the Hall of Fame.

Sthalekar represented Australia in eight Tests, 125 ODIs and 54 T20s. Sthalekar is the 27th from Australia and the ninth woman player in the list, which includes five from her country.

Useful Notes for all competitive exams:

  • CEO of ICC: Manu Sawhney.
  • Headquarters of ICC: Dubai, United Arab Emirates.
  • Chairman of ICC: Imran Khwaja (Interim).

Books & Authors

A book titled ‘One Arranged Murder’ authored by Chetan Bhagat

A book titled ‘One Arranged Murder’ authored by Chetan Bhagat will be released globally on September 28, 2020.

The fiction book portrays a murder mystery in the backdrop of an arranged marriage. The book will be published by Westland Publications Ltd. It is the author’s 9th novel and 11th book overall.

A book titled “Gastric Cancer” released by Jitendra Singh

Union Minister, Jitendra Singh has released a book on cancer named “Gastric Cancer” edited by Dr Ashok K. Vaid.

The book was launched during a special session organized during the 3-day virtual conference on Oncology. The book is published by Springer Healthcare Education.

Ashok K. Vaid is a Noted Oncologist and was awarded Padma Shri in 2009 for his outstanding work in the field of medicine.


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